Ascendant Resources Announces Free Cash Flow of $5.3 Million and Earnings of $0.07 Per Share in First Quarter 2018
Q1 2018 Highlights Include:
Author: MotherlodeTV
Standard Lithium Signs MoU with Global Specialty Chemical Company LANXESS for the Development of Commercially Viable Extraction of Lithium from Operational Smackover Brine Resource
Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (OTCQX:STLHF) (FRA:S5L) is pleased to announce the signing of a Memorandum of Understanding (MoU) with global specialty chemicals company LANXESS Corporation (“LANXESS”) and its US affiliate Great Lakes Chemical Corporation (“GLCC”), with the purpose of testing and proving the commercial viability of extraction of lithium from brine (“tail brine”) that is produced as part of Lanxess’s bromine extraction business at its three Southern Arkansas facilities.
Everett Jolly Hosts Jared Lazerson, CEO and Director of MGX Minerals Inc. on Uptick Newswire’s “Stock Day” Podcast
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG), announced CEO Jared Lazerson’s interview on Uptick Newswire’s “Stock Day” podcast with Everett Jolly.
MGX Minerals Acquires Additional 10,000 Acres of Oil and Gas Rights at Paradox Basin, Utah Petrolithium Project
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased to announce it has acquired an additional 10,331.32 acres of Oil and Gas Leases (“Leases”) located within the Company’s unitized 80,380-acre Blueberry Unit (“Blueberry Unit”). The newly acquired leases are located within the proposed 3D seismic geophysical survey area, which is scheduled to commence in August and will include approximately 9,000 data points. To date the Company has conducted a paleontology survey and is nearing completion of the archeological survey.
Advantage Lithium commences Preliminary Economic Assessment and Phase III resource conversion program for the Cauchari Definitive Feasibility Study
Advantage Lithium Corp. (the “Company” Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce that is has engaged WorleyParsons Chile S.A. (WP) to complete a Preliminary Economic Assessment (PEA) on its flagship Cauchari Project in Jujuy, Argentina based on phase II results with an expected increase to its resource base which will be released this month. The PEA scope includes a standalone plant in the range 15 -20 Ktpa final lithium product and is scheduled for completion in July 2018.
MGX Minerals Expands Utah Petrolithium Project; Acquires Additional Oil and Gas Leases at Paradox Basin
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) is pleased to announce the acquisition of an additional 3,455 acres of oil and gas leases as a result of successful bidding at a recent State of Utah School and Institutional Trust Land Administration (SITLA) auction. The leases are located contiguous to the Company’s unitized 80,380-acre Blueberry Unit (“Blueberry Unit”) and show similar subsurface geological formations and structures favorable for accumulations of oil and gas as well as lithium brine-bearing formations. The newly acquired leases are located within the proposed 3D seismic geophysical survey area, which is scheduled to commence in August. The survey will include approximately 9,000 data points.
NexGen Makes Significant New Discoveries of Near Arrow Mineralization Northwest and Along Strike in Winter Drill Campaign
VANCOUVER, May 2, 2018 /PRNewswire/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE)is pleased to report radioactivity results for fifty-four holes comprising 30,208 m from Arrow, South Arrow and regional exploration as part of our now concluded winter drilling program on our 100% owned, Rook I property, in the AthabascaBasin, Saskatchewan.
Cartier IP Survey Outlines 4km Long Chargeability Anomaly Marking Major Epithermal System at Big Easy Property, Newfoundland
Chargeability anomaly extends 4km along strike from the Big Easy to ET showings and is open to the north and south
MGX Minerals Announces Record Date for Dividend of ZincNyx Energy Solutions Shares; Provides Public Listing Update
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased to provide an update regarding the proposed spin-out of its wholly owned subsidiary, ZincNyx Energy Solutions Inc. (“ZincNyx”), the intentions for which were previously announced in the Company’s April 3, 2018 news release (the “Prior Release”). The Company has determined to fix June 29, 2018 as the record date (the “Record Date”) for the proposed distribution of the payment of a dividend in kind of common shares in the capital of its wholly owned subsidiary, ZincNyx (the “ZincNyx Shares”) to shareholders of MGX as of the Record Date (“MGX Shareholders”). U.S shareholders will be eligible to receive the proposed distribution, however there is no guarantee ZincNyx shares will be listed on a qualified U.S. exchange. The Company expects to issue dividend shares totaling 25%-40% of its holdings in ZincNyx to MGX Shareholders of Record, pending final audit and pricing of shares.
MGX Minerals Processes Lithium Brine from South American Salar Samples and North American Geothermal Brine Samples; Negotiations Underway for Plant Deployment
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to provide an update on North and South American lithium operations.